A few years ago, on a flight back to Atlanta, I met a well-dressed man from the Northeast. He introduced himself as George, and he seemed stressed. Very stressed.
After a bit of polite back and forth, he started to tell his story. See, George didn’t just look successful. Not just an empty suit. In fact, he had built his own business from the ground up, with his own two hands. When he found out I owned my own company, this is what he said…
“Rob, tell me you’ve been keeping your corporate records.”
Me: “Well, mostly.”
“Rob, right now, I’m on my way to my second home to close it out. See, I didn’t keep my records well enough, just too much day to day business stuff, too busy growing my company, never thought it was important, it was too easy to put off.”
George’s voice drops to half the volume, “Then the subpoena came…I was being sued by a disgruntled ex-employee over nothing and they got a court order demanding all my corporate records.”
George continued, “I didn’t know what to do. I tried to pull my records together, but I hadn’t touched them since I started the business. And it was too late to update everything. In fact, trying to make any changes at that point would just make me look guilty.”
The pain in George’s voice was hitting me hard…
“I’ve already spent $20,000 in legal fees since they’ve started piercing my corporate veil. And it looks like I’ll be losing much more than that, probably $100,000 or more. And that’s if I win. A part of my life, of my family’s life, has been taken away. I’m on my way now to sell our property in Myrtle Beach to pay for all this and I haven’t had the heart to to tell my wife we have to sell it. There are so many memories there and we all love that place.”
I was stunned. I had no idea this was possible. Talk about a huge wakeup call. You can guess what I did as soon as I got back home.
There was no way I was going to expose myself and my family after seeing what George was going through. And, especially since I wasn’t being sued, I still had time to act and get things right. The fix was necessary and didn’t take much time. What’s a few hours to save everything?
It’s this experience that triggered the thought to develop the Corporate Veil Pro system.
If your records aren’t up to date, if you don’t have minutes from your annual meetings—even if you’re a one man operation—you’re exposed. There’s zero reason for you to open yourself up to predatory lawsuits.
Get serious and take action now:
Order Corporate Veil Pro Today… It’s Sleep Insurance
Sincerely,
Rob Northrup
President, Basecamp Publishing Inc.